Firm Value and Financial Constraints: Evidence from private firm sellouts and reverse mergers
Essay 1: I examine sales of private firms to better understand the effect of relaxing financial constraints on firm value. My empirical tests exploit an exogenous shock to financial constraints caused by interstate bank branching deregulation. On a sample of 557 sales of private firms to public ac...
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Format: | Others |
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ScholarWorks @ Georgia State University
2014
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Online Access: | http://scholarworks.gsu.edu/finance_diss/24 http://scholarworks.gsu.edu/cgi/viewcontent.cgi?article=1023&context=finance_diss |